HomeMy Public PortalAbout02-26-2001 PROCEEDINGS OF THE COMMON COUNCIL OF THE
CITY OF RICHMOND,INDIANA,SERVING AS A BOARD
IN CHARGE OF THE OPERATION OF THE RICHMOND POWER&LIGHT PLANT
MONDAY,FEBRUARY 26,2001
The Common Council of the City of Richmond,Indiana,serving as a Board in charge of the operations of the
Richmond Power&Light Plant met in regular session at 7 p.m.Monday,February 26,2001 in the Council Chambers
in the Municipal Building in said City.Chairperson Phil Dickman presided with the following Councilmembers in
attendance:Howard"Jack"Elstro,Etta Lundy,Bruce Wissel,Karl Sharp,Bing Welch,Larry Parker,Paul Combs and
Sarah"Sally"Hutton.The following business was conducted:
ROLL CALL
Nine present.
APPROVAL OF MINUTES
The minutes of the February 12,2001 meeting were approved on a motion by Councilmember Wissel,second by
Councilmember Sharp and carried on a voice vote.
APPROVAL OF BILLS,INVESTMENTS AND TRANSFERS
Upon recommendation of the Finance Committee,Councilmember Hutton moved to approve the following bills for
payment,seconded by Councilmember Combs and the motion was carried on a voice vote.
Bills Already Paid:
Payroll and Deductions $258,302.26
Investments Purchased From:
Cash Operating Fund
Bond Sinking Fund
Utility Bond Reserve Fund
Depreciation Reserve Fund
Insurance Reserve Fund
Consumer Deposit Fund
Cash Reserve Fund
Group Insurance Fund
Total Investments
Transfer from Cash Operating Fund to: •
Cash Reserve Fund for Payment
To City in lieu of taxes
Transfer from Cash Operating Fund to:
Depreciation Reserve Fund
For Property&Plant
Transfers from Depreciation Reserve to:
Cash Operating Fund
Transfers from Consumer Deposit to:
Cash Operating Fund
Transfers from Utility Bond Reserve Fund to:
Bond Sinking Fund
Transfers from Cash Operating to:
Interest and Bond Principal
Bond Sinking Fund
Cash Reserve Fund
Utility Bond Sinking Fund
Depreciation Reserve Fund
Insurance Reserve Fund
Consumer Deposit Fund
Interest and Bond Principal
End of Month Petty Cash
Revenue Bonds
Interest Coupons Redeemed
Interest Coupons Redeemed
Bond Coupons
Miscellaneous Prepaid Invoices $ 407,786.38 •
Total Prepaid Invoices 666,088.64
Total EFT/Direct Deposit of Payroll: (79,909.06)
Total Prepaid Invoices: 586,179.58
Total EFT Transfers: 1,569,090.26
Total Prepaids plus EFT Transfers: 2,155,269.84
Total Bills Not Paid: 781,997.56
Grand Total of Bills to be approved: $2,937,267.40
•
•
RP&L Minutes Cont'd
February 26,2001
Page 2
REMARKS BY CHAIRPERSON
Chairperson Dickman said he had no comments to make.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Bistro said there was no report.
REPORT BY GENERAL MANAGER
General Manager David Osburn commented on the four bids for a 2001 Sport Utility Vehicle for the Line Department
that were received and opened at the February 12 meeting.He said the lowest bid was from Victory Chevrolet for
$22,185 and the second lowest was from Fred First Ford with the additional upgrades for the proper towing package for
$24,368.He said after review by the Line Department it was recommended that the second lowest bid made by Fred
First Ford be approved.Osburn said the reason for that is that primarily the additional cargo space comes with that unit,
adding that the Chevrolet bid did not meet the bid spec of 40 cubic feet,having only 37 cubic feet.
. Osbum said he was in agreement with the recommendation because the individual using the vehicle is on 24-hour call
and hauls around a lot of equipment,making that additional cargo space extremely valuable.He said Mike Elstro is the
person who drives this vehicle and he is in the audience tonight to answer any questions the Board might have.
Councilmember Welch moved to follow the recommendation of the General Manager and award the bid to Fred First
Ford for$24,368,second by Councilmember Lundy and the motion was carried on a voice vote.
Osburn requested authorization by the Board to hire Black and Veach to begin the designs and specifications for NOx
Compliance at the Whitewater Valley Generating Station.He said this is a follow up to the special meeting held last
week where their NOx Compliance strategy was reviewed.He said during that presentation it was determined that the
sure way to meet the compliance of 2003 is to go ahead and proceed with the things that have to be done.He said the
firm is scheduled to come in and meet next week to begin the process,work out the details and give the utility an idea
of how long it will take to prepare the specs and get them bid.
111• Councilmember Elstro moved to authorize the General Manager to hire Black and Veach for the project,second by
Councilmember Parker and the motion was carried on a voice vote. -
Osbum commented that he had distributed copies of a letter from the American Public Power Association that RP&L
has been selected as a recipient of the Community Service Award which is given to public power utilities that have
shown a commitment to enhancing the quality of life in its community.He said the award recognizes the efforts of the
RP&L employees who go out into the community participating in the programs in the schools through their work in
partners in education,study buddies and mentoring.He said they are an outstanding group to work with and they do a,
great job so it is good to see that they get the recognition they deserve.
Osburn said the award would be presented at special ceremonies during the A.P.P.A.National Conference June 18-20'
in Washington,D.C.In answer to a question by Chairperson Dickman,Osburn said this is the first time RP&L has
ever been the recipient of such an award.
Osburn said the utility's tentative agreement with First Bank Connect for the acquisition of their Internet services has
been obtained and the process has continued through City Attorney Bob Bever to work up closing contracts and
documents to close the sale.He said he hopes to bring this back to the Board for final approval at the second Board
meeting in March.He said this move has been well received locally and they have got outstanding response from the
community so far.
NEW BUSINESS
There was none.
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned at 7:15 p.m.
Phil Dickman,Chairperson
ATTEST:
Norma Schroeder,Clerk